Harmonic Filter Market

1. Presents a Research Report on Harmonic Filter Market Harmonic Filter Market by Type (Active Harmonic Filter and Passive Harmonic Filter), by Voltage Level Type (Low-Voltage Harmonic Filter, Medium-Voltage Harmonic Filter, and High-Voltage Harmonic Filter), by Phase Type (Single-Phase Harmonic Filter and Three-Phase Harmonic Filter), by End-User Type (Manufacturing, Metal Processing, Pulp & Paper, Data & IT Center, Oil & Gas, and Others), and by Region (North America, Europe, Asia-Pacific, and RoW) Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023 sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence

2. Harmonic Filter Market Growth and Forecast Highlights & Drivers The global harmonic filter market is projected to grow at a healthy rate over the next five years to reach an estimated value of US$ 1,059.1 million in 2023. • Increasing use of power electronics that basically operates through electronic switching, increasing levels of harmonic distortions of voltage and current waveforms in power systems, increasing usage of variable frequency drives (VFDs), rising demand from the data centers and IT industries, increasing number of metal arc furnaces worldwide, increasing concern for potential damage from power frequency variations, and increasing use of sensitive electronics in industrial automation process are some of the factors burgeoning the growth of harmonic filters worldwide. • North America is projected to remain the largest harmonic filter market during the forecast period. • The USA is the growth engine of the North American market, driven by the presence of major players of harmonic filters as well as end-use industries. • Asia-Pacific is likely to be the fastest-growing harmonic filter market during the forecast period, driven by China, India, and Japan. • www.stratviewresearch.com 2

3. Market Insights By Filter Type • Passive harmonic filter is likely to remain the most dominant filter type in the market during the forecast period. • Active harmonic filter is likely to be the faster-growing filter type segment of the market, owing to its superior harmonic elimination factor as it doesn’t get easily overloaded even if reaches its limit. By Voltage Level Type • Low-voltage harmonic filter is projected to remain the largest segment of the market during the forecast period from 2018 to 2023. • Medium-voltage harmonic filter, another considerable segment, is likely to grow at an impressive rate in the market during the same period. By Phase Type • Three-phase harmonic filter is projected to maintain its dominance in the market over the next five years. • The segment is also likely to grow at an impressive rate in the market during the same period, owing to its diversified usage in high-end industrial applications, such as manufacturing and metal processing, as well as in commercial applications, such as data and IT center, malls, and airports www.stratviewresearch.com 3

4. Market Insights By End User Type • The manufacturing segment is likely to remain the most dominant end-user type in the market during the forecast period. • The industrial sector is the major generator of variable speed drives (VSDs) in which manufacturing is a big contributor. By Region • North America is projected to remain the largest harmonic filter market during the forecast period. The USA is the growth engine of the North American market, driven by the presence of major players of harmonic filters as well as end-use industries. • Asia-Pacific is likely to be the fastest-growing harmonic filter market during the forecast period, driven by China, India, and Japan. www.stratviewresearch.com 4

5. Competitive Insights Advancement in harmonic filters and regional expansion are some of the key strategies adopted by the major players in order to quickly gain market share. Key Companies Analysed • ABB Ltd. • AVX Corporation • Comsys AB • The Danfoss Group • Eaton Corporation Plc • Schaffner Holding AG • Schneider Electric SE • Siemens AG • TCI, LLC • TDK Corporation www.stratviewresearch.com 5

6. Research Methodology Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. Stratview Research Internal Knowledgebase Secondary Research Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others Data Analysis (Top Down and Bottom Up Approach) Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) www.stratviewresearch.com 6

7. Report Features This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: Market structure: Overview, industry life cycle analysis, supply chain analysis. • • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors. • www.stratviewresearch.com 7

8. Market Segmentation By Filter Type • Active Harmonic Filter • Passive Harmonic Filter By Voltage Level Type • Low Voltage Harmonic Filter • Medium Voltage Harmonic Filter • High Voltage Harmonic Filter By End User Type • Manufacturing • Metal Processing • Paper & Pulp • Data & IT Center • Oil & Gas • Others www.stratviewresearch.com 8

9. Market Segmentation By Phase Type • Single-Phase Harmonic Filter • Three-Phase harmonic Filter By Region • North America (Country Analysis: The USA , Canada & Mexico) • Europe (Country Analysis: Germany, France, the UK, Russia and Rest of Europe) • Asia-Pacific (Country Analysis: China, Japan, India and Rest of Asia-Pacific) • Rest of the World (Country Analysis: Latin America, the Middle East and Others) www.stratviewresearch.com 9

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